Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Philip Morris International Inc. (PM) had Cost of Goods Sold of $13.37B for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$40.65B
Net Income	$11.32B
Cost of Goods Sold	$13.37B
Gross Profit	$27.28B
Operating Expenses	$25.76B
Operating Income	$14.89B
Non-Operating Income/Expense	$-1.01B
Pre-Tax Income	$13.88B
Normalized Pre-Tax Income	$13.88B
Income after Taxes	$11.14B
Income from Continuous Operations	$11.85B
Consolidated Net Income/Loss	$11.85B
Normalized Income after Taxes	$11.14B
EBIT	$14.89B
EBITDA	$16.93B
Weighted-Average Shares Outstanding (Basic)	1.56B
Weighted-Average Shares Outstanding (Diluted)	1.56B
Earnings per Share (EPS) (Basic)	$7.27
Earnings per Share (EPS) (Diluted)	$7.26
Balance Sheet Financials
Current Assets	$24.36B
Property, Plant, and Equipment	$8.40B
Long-Term Assets	$44.82B
Total Assets	$69.19B
Current Liabilities	$25.43B
Long-Term Debt	$45.13B
Long-Term Liabilities	$51.79B
Total Liabilities	$77.21B
Common Equity	$-8.03B
Tangible Shareholders Equity	$-36.18B
Shareholders Equity	$-8.03B
Common Shares Outstanding	1.56B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$12.23B
Cash Flow from Investing Activities	$-3.97B
Cash Flow from Financial Activities	$-8.13B
Beginning Cash	$4.25B
End Cash	$4.89B
Increase/Decrease in Cash	$638.00M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-8.62B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.96
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	1.22
Debt to Equity Ratio	-6.08
Gross Margin	67.12%
Operating Margin	36.64%
EBIT Margin	36.64%
EBITDA Margin	41.65%
Pre-Tax Profit Margin	34.15%
Profit Margin	27.84%
Free Cash Flow	$10.66B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.59
Inventory Turnover	1.16
Receiveable Turnover	7.00
Days Sales in Receivables	52.17
Return on Equity	-147.58%
Return on Tangible Equity	-32.75%
Return on Assets	17.13%
Return on Investments	31.93%
Book Value Per Share	$-5.16
Free Cash Flow per Share	$6.84
Operating Cash Flow per Share	$7.85

Data from Zacks Investment Research, Inc.